Supporters of renovating the City Auditorium have developed a financing plan that would require only a $7.25 million cash commitment from the city.
A group which includes community leaders, elected officials and auditorium supporters has been meeting under the aegis of the Downtown Partnership to explore ways to finance the auditorium’s rebirth. Using a best-case scenario, auditorium backers envision a financial package which includes $4.25 million from tax credits, $1 million from the Colorado State Historical Fund, $1.5 million from tax increment financing, $3 million from private donors and $7.25 million from the city. Continue Reading Multiple funding sources floated for City Aud fixes
A couple of years ago, I briefly dated a woman who was recently divorced from a local orthopedic surgeon.
One evening she complained mildly about her ex’s unwillingness to fund some kid-related expenditure.
“After all,” she said, “It’s not as if he can’t afford it.” Continue Reading Health care: you get what you can afford
Nonprofit arts organizations in Colorado Springs generate $94.7 million in economic activity, including 2,639 full-time equivalent jobs, $6 million in local government tax revenue and $2.8 million in state tax revenue, according to a study released yesterday by Americans for the Arts.
The Washington, D.C.-based nonprofit compiled the information as part of a national study about the economic impact of the arts in 156 cities Continue Reading Major economic impact
Sometimes, as we all know, style is more important than substance, emotion trumps reason and logic takes a back seat — even if we’re making vitally important decisions.
We get married for the first time to people who are utterly unsuitable (but gorgeous), we go to college and major in subjects so obscure that no employer will hire us, we start businesses that offer products for which there is no demand, we buy houses in dangerous neighborhoods in decaying cities … well, enough of my biography. Continue Reading Maybe it’s the delivery, not the message
Solving the problems associated with large-scale illegal immigration is important to every segment of the community — especially to business. It should not be the job of businesses to police their work forces, and workers who are here illegally need a path out of the shadows. Continue Reading Dysfunctional: Immigration bill debacleContinue reading …
During the past several years, Colorado Springs, Manitou Springs and Pueblo have attempted to transform their downtowns into vibrant community centers.
Their goals were similar: to revitalize businesses, to encourage people to live downtown and to make the city centers fun and inviting for workers, residents and visitors. Continue Reading Three cities, three downtowns — two different directions
Like most such hearings, it was a kind of political Kabuki theater, where the participants ritually posture and preen, and the actual content of the show is a mystery to those unversed in the rituals of the genre. Continue Reading Water buffs still can’t agree on anythingContinue reading …
Two weeks ago, contemporary art sales in New York at Sotheby’s, Christie’s and Phillips de Pury totaled $837 million. More than 120 artists recorded all-time high prices.
The prices achieved were staggering, as were the returns on investment that they represented.
A 1962 Andy Warhol, “Green Car Crash,” sold at Christie’s for $71.8 million. The painting was acquired by the consignor in 1978 for $71,000. His return on investment, before auction fees, was 100,000 percent. Continue Reading Beauty, bucks in eye of beholder
And now these issues, and the long-forgotten passions of long-forgotten politicians, are figuratively preserved in amber like long-dead mosquitoes. Continue Reading Leadership all that’s needed for changeContinue reading …
C’mon, fess up, did you pay your bill from the Stormwater Enterprise? It’s OK, neither did I.
Oh, I got the bill in the mail some time ago, and I put it aside to pay, and then I just didn’t.
I guess I had a Doug Bruce moment.
As you may know, ol’ Mr. Antitax, the Dougster himself, claims that the so-called stormwater fee isn’t a fee, but a tax; and as such, should have been authorized by a vote of the people. Continue Reading I’m not the only one breaking the law